In 2023, Danish pharmaceutical company Novo Nordisk spent more than 32 billion kroner on research and development. This corresponded to some 14 percent of the company's total sales. Since 2020, Novo Nordisk's R&D costs have more than doubled.
Novo Nordisk's research and development costs from 2018 to 2023
(in million kroner)
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Novo Nordisk. (January 31, 2024). Novo Nordisk's research and development costs from 2018 to 2023 (in million kroner) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/
Novo Nordisk. "Novo Nordisk's research and development costs from 2018 to 2023 (in million kroner)." Chart. January 31, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/
Novo Nordisk. (2024). Novo Nordisk's research and development costs from 2018 to 2023 (in million kroner). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/
Novo Nordisk. "Novo Nordisk's Research and Development Costs from 2018 to 2023 (in Million Kroner)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/
Novo Nordisk, Novo Nordisk's research and development costs from 2018 to 2023 (in million kroner) Statista, https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/ (last visited November 24, 2024)
Novo Nordisk's research and development costs from 2018 to 2023 (in million kroner) [Graph], Novo Nordisk, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1202431/costs-of-randd-of-novo-nordisk/